ICTSI pours $175m into Rio terminal expansion

Manila-based port operator International Container Terminal Services Inc (ICTSI) is pressing ahead with a major expansion at Brazil’s Rio Brasil Terminal, committing R$948m ($175m) to lift capacity and modernise operations at the Port of Rio de Janeiro. The investment programme, running from 2025 to 2029, will increase annual capacity by more than 70%, from 440,000 …

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